Credit Suisse Unveils Plans To Raise $6.3 Billion Fresh CapitalMani
Credit Suisse announced plans on Wednesday to raise SFr6.05 billion ($6.3 billion) fresh capital and cut costs, as the Swiss bank recently delivered a disappointing set of quarterly results.
The bank also announced that it would restructure its investment bank significantly to trim the amount of capital allocated to the business.
Credit Suisse to launch $6.3billion fresh capital issue SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
The Zurich-based bank
This content is exclusively for paying members.